Rural/Metro earns decline, revenue rises

NEW YORK (MarketWatch) -- Rural/Metro Corp.
rurl
reported fiscal second-quarter earnings of $2.8 million, or 11 cents a share, down from $3.1 million, or 13 cents a share in the same period a year ago. Revenue rose 12% to $141.5 million from last year's $126.6 million. The provision for doubtful accounts as a percentage of revenue rose to 17.7% from 15.5%. The emergency services provider's stock closed Wednesday up 13 cents at $8.93.

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